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Shrinking China trade likely to curb S'pore, HK banks' profits
Published Mon, Jul 20, 2015 · 09:50 PM
Singapore
THE business of financing China's trade is shrinking, curbing what had been a fast-growing revenue stream for banks in Hong Kong and Singapore over the past decade.
Since reaching a peak of about US$145 billion in June last year, the value of trade loans provided by lenders in the two fin…
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